SENATE BILL NO. 205                                                                                                           
                                                                                                                                
     "An   Act  authorizing   the  Alaska   Housing  Finance                                                                    
     Corporation to  acquire or purchase a  building that it                                                                    
     occupies   for  an   amount   that   does  not   exceed                                                                    
     $9,000,000; and providing for an effective date."                                                                          
                                                                                                                                
                                                                                                                                
9:45:06 AM                                                                                                                    
                                                                                                                                
Co-Chair  Stedman  recounted that  that  the  bill had  been                                                                    
heard on February  27, 2024, at which  time public testimony                                                                    
had been taken.                                                                                                                 
                                                                                                                                
Mr.  Alper   detailed  that   the  Alaska   Housing  Finance                                                                    
Corporation was  seeking legislative approval to  purchase a                                                                    
building in  East Anchorage that they  were already renting.                                                                    
He said  that the bill  would authorize the purchase  of the                                                                    
building.                                                                                                                       
                                                                                                                                
Senator  Merrick MOVED  to report  SB 205  out of  Committee                                                                    
with individual recommendations  and the accompanying fiscal                                                                    
note. There being NO OBJECTION, it was so ordered.                                                                              
                                                                                                                                
SB 205  was REPORTED  out of committee  with four  "do pass"                                                                    
recommendations   and    with   one    "no   recommendation"                                                                    
recommendation,  and with  one new  fiscal impact  note from                                                                    
the Department of Revenue.                                                                                                      
                                                                                                                                
Co-Chair  Stedman discussed  the  agenda  for the  afternoon                                                                    
meeting.